Following last weekend’s Hungarian Grand Prix, the Formula 1 community now has a month off to regroup and refresh for the second half of the season.

Whilst the break is only to the detriment of race-hungry fans, it is an important aspect of the sport. Not only does it give the drivers and teams a chance to prepare for the final eight races of the season, but it also allows them to reflect on the year that has been so far.

It also gives MotorSportsTalk a chance to look back on what we have seen in 2014. In the first half of our mid-season review, we’ve graded all of the drivers and teams on their performances so far. Who is getting a gold star and who needs to stay behind for extra classes? Find out below…

RANKING THE TEAMS

Mercedes AMG Petronas F1 Team – Grade: AQuite simply the dominant force in Formula 1 this season. A mix of the best power unit, the best complete car and two determined and talented drivers has helped the German marque on its way to one of the best ever starts to a season in the history of the sport.Highlight so far: Any one of the six one-two finishes, with the battle in Bahrain a particular favorite.

Williams Martini Racing – Grade: A-Did anyone really see this coming? After a year from hell in 2013 that yielded just five points, the British team has bounced back in style in 2014. 135 points after just half a season, and a breakout year for flying Finn Valtteri Bottas. With the tracks coming up set to suit the car, it could get better still for Williams.Highlight so far: Front-row lock-out in Austria before tailing the Mercedes cars home in the race.

Infiniti Red Bull Racing – Grade: B+It may seem odd to give the defending world champions such a high grade given that the title defence has been tame, but given where Red Bull was after pre-season testing, we’ve seen a remarkable turnaround. Two race wins is so much more than Christian Horner and co. could have expected back in February.Highlight so far: Daniel Ricciardo’s win in Hungary on a level playing field with Mercedes.

Sahara Force India F1 Team – Grade: B+Force India is just eleven points shy of its best ever season in F1, and we’re only halfway through 2014. The line-up of Sergio Perez and Nico Hulkenberg has excelled, and the team is now ready to fight with Williams, Ferrari and McLaren at the top-end of the standings.Highlight so far: Sergio Perez scoring the team’s first podium in five years at the Bahrain GP.

Marussia F1 Team – Grade: BIt might be difficult to give the lower ranking teams high grades, but Marussia has flourished in 2014. Jules Bianchi scored its first ever points in Monaco, but this has been underlined by great qualifying results in Great Britain and Hungary. A breakthrough year for the Anglo-Russian team.Highlight so far: Bianchi’s charge to ninth in Monaco.

McLaren Mercedes – Grade: B-After such a good start to the season in Australia, McLaren hasn’t fared much better since. The memories from its 2013 nightmare still linger, but both Jenson Button and Kevin Magnussen have ran well on occasion. It has been better for McLaren, but it is still the lowest ranking Mercedes-powered team.Highlight so far: Double podium in Australia.

Scuderia Toro Rosso – Grade: C+Another pretty so-so season for Toro Rosso so far, with Daniil Kvyat producing some good results in his rookie year. Jean-Eric Vergne’s seat may be at serious threat for 2015, but he has shown some good pace and still leads the team’s charge. A gulf between the team and the top six exists, though.Highlight so far: Both drivers in the points at the Australian Grand Prix.

Scuderia Ferrari – Grade: CMaybe it’s a bit harsh to give Ferrari such a low grade, but the team appears to be all at sea. Changes behind the scenes are aplenty, yet there have been few signs of improvement on track. Fernando Alonso continues to drag the F14 T kicking and screaming into the points, but will the novelty wear off for 2015?Highlight so far: Alonso’s valiant attempt at wining the Hungarian Grand Prix before coming second.

Lotus F1 Team – Grade: C-Like Red Bull, Lotus was in a torrid state of affairs during winter testing and has done well to get even eight points. Unlike Red Bull, there have been few signs of a great deal changing. Romain Grosjean continues to plug away, but question marks still hang over Pastor Maldonado’s ability even if his place with the team is secure for 2015.Highlight so far: Grosjean’s eighth place finish in Spain (slim pickings here).

Sauber F1 Team – Grade: DOh dear Sauber. The Swiss team has been the biggest disappointment of the season so far, scoring zero points and trailing Marussia in the constructors’ championship. The car is a pig, no doubt about it, but when points have been possible (e.g. Monaco), big mistakes have been made.Highlight so far: Sutil finishing 11th in Hungary when the car didn’t look too bad…

Caterham F1 Team – Grade: DAs we said with Marussia, it’s hard to grade the backmarkers, but Caterham’s season has been a bit of a disaster. After starting with such promise in pre-season, the on track results have been very average whilst a soap opera has unfolded behind the scenes following the sale of the team. All a bit of a mess in truth.Highlight so far: Marcus Ericsson’s 11th place by default in Monaco… and little else.

It’s known as “Carburetor Day” – or in its simplest term, just “Carb Day.”

But the final day of on-track action Friday at Indianapolis Motor Speedway before Sunday’s 102nd Running of the Indianapolis 500 is so much more.

Especially on NBCSN, which will have wall-to-wall live coverage starting Friday morning.

Here’s how Friday’s schedule breaks down:

11 a.m. ET: Carb Day kicks off with the final practice for Sunday’s Indy 500. The session will last one hour in length.

12 p.m. ET: We’re going racing! Strap in for coverage of the Indy Lights’ Freedom 100 on the famous Brickyard.

1:30 p.m. ET: We’ll have coverage of the annual IndyCar Pit Stop Challenge. Which teams have the best – and most importantly, fastest and accurate – pit crews? Team Penske has won 10 of the last 12, including the last two years edging out Schmidt Peterson Motorsports each time. Who can potentially beat them this year?

1) 2016 Indy 500 winner Alexander Rossi will discuss how it used to upset him when people suggested he “backed into” his big win and how he didn’t really feel vindicated until he qualified on the front row for last year’s race.
2) Defending 500 winner Takuma Sato, the first Japanese driver to ever win at Indianapolis, discusses the impact of his big win personally and professionally, particularly back in his native land.
3) An essay by Robin Miller on Stefan Wilson giving up his ride last year to allow Fernando Alonso to race for Andretti Autosport.